Eagle Lake, MN

Full City Profile · Minnesota · Le Sueur County County

4.5 /5.0
A+ Excellent
3,268 Population 1,693/sq mi density
$97,161 Median Income $38,434 per capita
$249,600 Home Value $343,452 Zillow
$1,405 Median Rent 18.9% income on rent
45°F Avg Temperature
A+
Overall
4.5 / 5.0
Strong
A+
Economy
4.6 / 5.0
$97,161 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$249,600 home value, $1,405/mo rent
A
Education
4.0 / 5.0
38.0% bachelor's degree or higher

Eagle Lake, MN

At a Glance

Median Income
$97,161
29% above
$38,434 per capita
Home Value
$249,600
11% below
Zillow: $343,452
Median Rent
$1,405/mo
21% above
18.9% of income on rent
Bachelor's Degree+
38.0%
13% above
96.8% high school+
Unemployment
4.0%
11% above
5.7% poverty rate
Obesity Rate
33.5%
4% above
12.7% smoking rate
Avg Temperature
45°F

How Eagle Lake Compares to the U.S. Average

Each bar shows Eagle Lake's value as a percentage of the national average (100% = U.S. avg)

Income
129%
Home Value
89%
Rent
121%
Poverty
46%
Bachelor's
113%
Unemployment
111%
Thin vertical line = U.S. national average (100%)

Is Eagle Lake a Good Place to Live?

A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Eagle Lake residents earn a median household income of $97,161 , which is 29% above the national average of $75,149. Per capita income is $38,434. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 790 business establishments, including 44 restaurants.

Housing & Cost of Living

The median home value in Eagle Lake is $249,600 , 11% below the national median of $281,900. Zillow estimates the typical home at $343,452. Median rent is $1,405/month, with 18.9% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1995.

Education

38.0% of adults in Eagle Lake hold a bachelor's degree or higher (13% above the national average). 96.8% have completed high school. Local schools score 5.8/10 in standardized testing.

Climate & Weather

Eagle Lake has an average annual temperature of 45°F (7°C). Winters average 15°F in January while summers reach 72°F in July. Annual precipitation totals 33.9 inches.

Data Overview

People

Population3,268
Median Age31.8 yrs
Density1,693/mi²
Male / Female51% / 49%
Foreign Born3.0%
Veterans5.7%

Economy

A+
Median Income$97,161
Per Capita$38,434
Unemployment4.0%
Poverty5.7%
County GDP$1,243M
Avg Weekly Wage$1,053

Housing

A+
Home Value$249,600
Rent$1,405
Ownership66.1%
Zillow$343,452
Housing Units1,202
Rent Burden18.9%

Health

Obesity33.5%
Diabetes8.2%
Smoking12.7%
Heart Disease4.7%
Premature Death6,478/100K

Climate

Avg Temp45°F
Rain33.9 in/yr
Elevation1,012 ft

Education

A
Bachelor's+38.0%
High School+96.8%
Graduate+8.2%
School Score5.8/10

Community

2024 VoteR 66% / D 32%
Commute18 min
Broadband98.0%
Internet Speed116 Mbps
EV Stations22
Libraries6

Did You Know?

The median home in Eagle Lake was built in 1995.
The nearest airport is Mankato Regional (4 miles).
The Gini coefficient (income inequality) is 0.399 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
7.4% of the population has a disability.
Average internet download speed is 116 Mbps.
The county recorded 3 fatal vehicle crashes.